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Warwick 02886
118 Oberlin Dr
$290,500
● House - Off Market

118 Oberlin Dr

Warwick, RI 02886
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,144 Ft²
$593,244
RealtyHop Estimate
94.57%
Since Sep 1, 2013
National-US
Primary Model

About This Property

Beautiful 3+ bedroom home located on a cul-de-sac in an established Cowesett neighborhood.  Raised Ranch style home with sunny walk out lower level.  Hardwoods throughout main floor, upgraded kitchen with granite and stainless appliances.  Dining area with french doors to back deck.  Living room with bay window overlooking front yard.  Master bedroom and two other big bedrooms on main floor.  Full bathroom with tub/shower and tile floors.  In law potential with separate living quarters.
Unit Size
1,144 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$267
Property Type
House
Property Taxes
$311
HOA Dues
-
Year Built
1964

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #71527093)

Price History

Date / Event Date Event Price
Aug 14, 2013 Sold
Premium
Sold
May 16, 2013 Listed by Freitas Realty Group $304,900
Listed by Freitas Realty Group
Sep 30, 2004 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,056
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,144
  • Gross Building Area: 2,464
  • Building Area: 1,144
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,144
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Warwick School District
  • School Tax School District: WARWICK PS
  • Census Tract: 022201

Zoning

  • Zoning: A10

Geography

  • Account Number: 22342
  • Parcel: WARW M:238 B:0064 L:0000
  • Block: 64
  • Municipality: WARWICK
  • Latitude: 41.6864
  • Longitude: -71.4734

    Address

  • Full Address: 118 Oberlin Dr
  • Address - House Number: 118
  • Address - Street Name: Oberlin
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: Warwick
  • Carrier Code: C040
  • 4-Digit Zip Code: 8511
  • Zip Code: 02886

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $464,700

    Appraisal Valuation

  • Standard Deviation: 0.1792
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 76
  • Final Value: 461,010
  • High Value: 543,652
  • Low Value: 378,369

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $327,500
  • Assessed Land Value: $112,800
  • Assessed Improvements Value: $214,700

    Sales

  • Current Sale Recording Date: Aug 14, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Sep 30, 2004
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Warwick

Stats & Trends

Median Asking:

$462,450

Sale Price/ft²

$347

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1551 ft²

Average Home Age

131 years

Currently For Sale

4 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Currently no nearby rentals
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71527093

Frequently Asked Questions

When was property at 118 Oberlin Drive built and last sold?
The property at 118 Oberlin Drive was built in 1964 and last sold on Jan 1, 1970 for $290,500.
How much is this home worth?
The estimated value of the home located at 118 Oberlin Drive is $312,022.
What are some comparable homes to 118 Oberlin Drive?
There are currently no comparable homes to 118 Oberlin Drive.
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